Q2 Earnings Estimate for First Solar Issued By William Blair

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Investment analysts at William Blair decreased their Q2 2025 earnings per share estimates for shares of First Solar in a research note issued to investors on Wednesday, April 30th. William Blair analyst J. Dorsheimer now expects that the solar cell manufacturer will earn $3.20 per share for the quarter, down from their prior estimate of $4.32. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. William Blair also issued estimates for First Solar's Q4 2025 earnings at $6.18 EPS, FY2025 earnings at $15.03 EPS, Q1 2026 earnings at $3.04 EPS, Q2 2026 earnings at $3.76 EPS and FY2026 earnings at $21.54 EPS.

First Solar (NASDAQ:FSLR - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.55). The company had revenue of $844.57 million during the quarter, compared to the consensus estimate of $863.11 million. First Solar had a net margin of 32.41% and a return on equity of 17.56%. The business's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.20 EPS.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada lowered their price objective on shares of First Solar from $237.00 to $214.00 and set an "outperform" rating for the company in a research note on Wednesday. Oppenheimer downgraded shares of First Solar from an "outperform" rating to a "market perform" rating in a report on Wednesday. Truist Financial restated a "buy" rating and issued a $200.00 target price (down from $245.00) on shares of First Solar in a report on Thursday. The Goldman Sachs Group dropped their target price on shares of First Solar from $235.00 to $204.00 and set a "buy" rating on the stock in a research note on Wednesday. Finally, Robert W. Baird reduced their price target on First Solar from $267.00 to $240.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, First Solar currently has an average rating of "Moderate Buy" and a consensus price target of $223.87.

First Solar Stock Up 0.6 %

Shares of NASDAQ FSLR opened at $126.57 on Friday. The firm has a market capitalization of $13.57 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 0.19 and a beta of 1.48. The business has a 50-day moving average of $131.37 and a 200-day moving average of $166.87. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. First Solar has a 12 month low of $116.56 and a 12 month high of $306.77.

Hedge Funds Weigh In On First Solar

A number of hedge funds have recently modified their holdings of the stock. Virtu Financial LLC lifted its position in shares of First Solar by 38.5% in the third quarter. Virtu Financial LLC now owns 8,041 shares of the solar cell manufacturer's stock worth $2,006,000 after purchasing an additional 2,235 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in First Solar by 33.3% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 24,553 shares of the solar cell manufacturer's stock worth $6,125,000 after acquiring an additional 6,135 shares during the period. Franklin Resources Inc. increased its position in First Solar by 10.4% during the third quarter. Franklin Resources Inc. now owns 131,634 shares of the solar cell manufacturer's stock worth $32,835,000 after acquiring an additional 12,439 shares during the period. GAMMA Investing LLC raised its holdings in First Solar by 21.2% in the 4th quarter. GAMMA Investing LLC now owns 2,254 shares of the solar cell manufacturer's stock valued at $397,000 after acquiring an additional 395 shares in the last quarter. Finally, Doliver Advisors LP raised its stake in shares of First Solar by 1.2% in the 4th quarter. Doliver Advisors LP now owns 4,713 shares of the solar cell manufacturer's stock valued at $831,000 after buying an additional 56 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Alexander R. Bradley sold 599 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $133.75, for a total transaction of $80,116.25. Following the completion of the transaction, the chief financial officer now owns 45,717 shares of the company's stock, valued at approximately $6,114,648.75. The trade was a 1.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Mark R. Widmar sold 21,542 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.09, for a total value of $3,039,360.78. Following the completion of the transaction, the chief executive officer now directly owns 103,403 shares of the company's stock, valued at $14,589,129.27. This trade represents a 17.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,311 shares of company stock worth $4,767,158. 0.48% of the stock is currently owned by insiders.

First Solar Company Profile

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

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